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Tag Archives: Ajay

CCI approves SpiceJet takeover by Ajay Singh

With the CCI nod, the low-cost carrier’s original promoter is closer to taking the management control and ownership of SpiceJet. The CCI is learnt to have approved the deal that would see Singh acquiring more than 58 percent stake in ...

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Marans exit SpiceJet, Ajay Singh checks in

Troubled low-cost carrier SpiceJet has informed the Bombay Stock Exchange that current promoter Kalanithi Maran aims to transfer ownership and management control of the company to new investors led by founder-promoter Ajay Singh. The decision to revitalise the airline, which ...

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